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BANKING

 

The State has excellent network of banks. As on 31st March 2005, the state has 3493 commercial bank branches. This includes 808 branches under State Bank group; 1205 other nationalized banks, 359 regional rural banks and 1121 other commercial banks. Out of the total bank branches, 345 are in rural areas, 2491 in semi-urban areas and 657 are functioning in urban areas. Total deposit from these branches during the year 2004-05 was Rs.70461 crores and credits made were Rs.39351 crores.

 

The credit deposit (CD) ratio of banks in the State has improved by 7.12 percentage points during the first nine months of 2005-06, according to data presented at the quarterly meeting of the State Level Bankers' Committee (SLBC) held at Thiruvananthapuram. The CD ratio was 59.01 per cent on March 31, 2005. It improved to 66.13 percent by December 31, 2005, indicating robust absorption of credit by various sectors of the State's economy.

 

The CD ratio was 56.17 per cent on December 31, 2004. It has improved by 9.96 per cent during the calendar year 2005.

 

The total deposits with the commercial banking system in the State reached Rs.72,877 crores on December 31, 2005. Of this, the NRE contribution accounted for Rs.29.641 crores.

 

The advances came to the tune of Rs.48,196 crores and the total advances and investments of the banks in Government approved debentures and securities (C+I:D) Rs.51,080 crores. The C+I:D ratio, another indicator of the banks� contribution to the growth of the Sate's economy, thus reached the level of 70.01 per cent. The advances to priority sector touched Rs.25,458 crores. This is 52 percent of the total amount outstanding under advances. During the first nine months of 2005-06, the banks disbursed Rs.15,410 crores to the priority sector, achieving nearly 80 percent of the priority sector lending target fixed for the financial year.

 

List of specilised SSI branches in Kerala State is given below

 

1

The Manager,

SSI Branch

State Bank of Travancore, AMC 16/345,Vazhicherry

Allappuzha

2

The Manager,

SSI Branch

State Bank of Travancore,2nd Floor,

Lal Bahadur Sastri Road,

Kottayam

3

The Manger,

SSI Branch, State Bank of Travancore,

Pazhoor Junction, Patturaickal, Thrissur

4

The Manger,

SSI Branch, State Bank of Travancore,

Holy Angels Shopping Bldg.,Kalamassery,

Ernakulam

5

The Manger,

SSI Branch, State Bank of Travancore,

Archana Bldgs,Statue Road, Near General Hospital, Thiruvanthapuram

6

The Manger,SSI Branch,

State Bank of India,

Main Road,Kanjikode,

Palakkad-678 623

7

The Manager,

SSI Branch

State Bank of India,MG Road,Opp.Maharajas College Ground,

Ernakulam-682 011

8

The Manager,

SIB Branch

State Bank of India,

Near Kavitha Theatre

Cannanore

9

The Manager,

SSI Branch

Canara Bank, Jail Road

Calicut

10

The Manager,

Kulappully SSI Branch

Canara Bank

Palakkad Road, Govt.Press Road, Kulappuly,Shornur

Palakkad-679122

11

The Manager,

SSI Branch,Kanjikkode Menonpara Road,Kanjikode Palakkad-678 621

Canara Bank

Palakkad

12

The Manager,

SSI Branch

Canara Bank,Court Road,Manjeri

Malappuram-676 121

13

The Manager,

SSI Branch

Canara Bank,Flamon Complex,

Kuriachira , Trichur

14

The General Manager,

SSI Branch

Canara Bank,

Athani, Trichur

15

The Manager,

SSI Branch,

Catholic Cyrian Bank,

Raina Complex,

Premier Junction,

Kalamassery Junction-683 104

Ernakulam

16

The Manager,

SSI Branch,

Catholic Cyrian Bank

Ground Floor,

Panniveli Bldgs,Opp.ITI,

Kanjikode West ,

Palakkad-678623

17

The Manager,

SSI Branch

Indian Overseas Bank

Thiruvananthapuram

18

The Manager,

SSI Branch

Indian Bank,Punalur,

Quilon

 

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